Cardano (ADA) Price Prediction 2024, 2025 - 2030
2024-11-12
Bittime - Cardano (ADA) Price Prediction 2024, 2025 - 2030. Cardano (ADA) price experienced significant pressure after the United States Securities and Exchange Commission (SEC) designated ADA as an unregistered security in June last year, which led to a price drop.
However, ADA began to show signs of recovery in 2024 with an increase in Total Value Locked (TVL) as well as the growth of the stablecoin sector within the Cardano ecosystem.
The following is Cardano's price prediction for 2024 to 2030 based on analysis by Peter Henn of ccn.com.
Read also Solana ($SOL) Price Breaks $210: Strong Bullish Trend Signal for Investors?
Cardano Coin Price Prediction in 2024
On October 16, 2024, ADA was trading at around $0.352 or around Rp5,526. Based on fractal and wave count analysis methods, the following are the ADA price predictions for the end of 2024:
1. Minimum Predicted Cardano Coin Price (ADA) 2024
$1 (around Rp15,700)
2. Average Predicted Cardano (ADA) Coin Price 2024
$1.87 (approx. IDR 29,359)
3. Maximum Predicted Cardano (ADA) Coin Price 2024
$2.74 (approx. IDR 42,978)
The fractal method shows a potential increase in Cardano's price to reach $2.74 if the historical price movement pattern repeats.
On the other hand, the wave count method provides a more conservative forecast with a minimum price target of $1 by the end of 2024.
Latest Cardano (ADA) to IDR Coin Price Today 2024
Cardano (ADA) Coin Price Prediction in 2025
In 2025, the Cardano price is expected to experience a more significant increase as the adoption of Cardano's blockchain technology increases and new features are developed.
Here are the ADA price predictions for the end of 2025:
1. Minimum Predicted Cardano Coin Price (ADA) in 2025
$3.20 (approximately Rp50,240)
2. Average Predicted Cardano Coin (ADA) Price in 2025
$3.50 (approx. IDR 54,950)
3. Maximum Predicted Cardano (ADA) Coin Price in 2025
$3.80 (around Rp59,660)
Read also Cardano (ADA) Price
If the Cardano price follows an upward pattern based on the wave count, it is possible that ADA could reach a maximum price of $3.80 by the end of 2025.
This is driven by the growing interest in the Cardano ecosystem and the increasing utility value provided by its blockchain.
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Cardano (ADA) Coin Price Prediction in 2030
In the long term, in 2030 to be precise, the Cardano price is expected to continue to grow if the current rate of increase continues. Here are the Cardano price predictions at the end of 2030:
1. Minimum Predicted Cardano Coin Price (ADA)
$2.70 (approximately Rp42,390)
2. Average Predicted Cardano Coin Price (ADA)
$3.33 (approximately Rp52,281)
3. Maximum Predicted Cardano Coin Price (ADA)
$3.96 (approx. IDR62,172)
If the DeFi (decentralized finance) ecosystem and Cardano adoption continue to grow, the ADA price is predicted to reach an average of $3.33 in 2030, with a possible peak price of up to $3.96.
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Analysis Methods for Cardano Price Prediction
Fractals
This analysis identifies historical patterns that resemble recent price movements, allowing for a forecasted ADA price increase of up to $6.34 at the peak of the next cycle in mid-2025.
Wave Count
Based on wave analysis of price movements, this method predicts an ADA price peak of $5.12 (approx. IDR 80,384) in 2025, before a possible price correction.
Also read Latest Bitcoin Price Prediction, End of 2024: BTC at What Price?
Technical and Fundamental Analysis for Cardano (ADA)
To provide a more detailed overview of Cardano's technical and fundamental analysis, here is a separate discussion for each key indicator, including ATR, TVL, RSI, and the Market Cap to TVL ratio.
1. ATR (Average True Range)
ATR or Average True Range is an indicator that measures market volatility. As of October 16, 2024, Cardano's ATR is at 0.0074, which indicates that ADA's volatility is quite low.
A low ATR usually indicates stable price movements, although it could also mean a potential breakout in the future.
ATR is also useful for traders to determine stop-loss levels based on current volatility movements.
2. TVL (Total Value Locked)
TVL or Total Value Locked measures the total assets locked inside Cardano's DeFi (Decentralized Finance) platform. The increase in TVL in the Cardano network is a positive signal that shows investor interest in DeFi projects on this blockchain.
In 2024, the TVL in the Cardano ecosystem continued to grow, which helped strengthen the fundamentals of ADA and created investor confidence in its long-term potential. A high TVL indicates increased activity in the Cardano ecosystem, especially on projects such as stablecoins and staking.
3. RSI (Relative Strength Index)
Cardano's RSI indicator is currently at 50, which indicates neutral conditions on the ADA price. RSI is a momentum indicator that measures the relative strength between the upward and downward movement of the price within a certain period of time.
When the RSI is around 50, it indicates that ADA is neither overbought nor oversold.
However, a significant change in the RSI, either up or down, can signal a change in the direction of the trend in the future.
4. Market Cap to TVL Ratio
The Market Cap to TVL ratio is an indicator that compares Cardano's market capitalization to the total value of assets locked on its platform.
This ratio is important because it can help investors assess whether ADA is overvalued or undervalued. A ratio above 1.0 indicates overvaluation, which means that the market capitalization exceeds the value of the locked assets.
Conversely, a ratio below 1.0 indicates undervaluation, which means the locked-in value is greater than the market capitalization.
As of October 2024, Cardano's Market Cap to TVL ratio stands at 59.49, which is quite high and indicates potential overvaluation in the eyes of investors, especially compared to its TVL.
Cardano (ADA) Technical Analysis Conclusion
Overall, Cardano's technical indicators show low volatility (low ATR), strong investor interest through increasing TVL, neutral momentum (RSI at 50 level), and a high Market Cap to TVL ratio.
Despite regulatory pressure, Cardano still has strong fundamentals, supported by various projects that expand its ecosystem.
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